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Your car broke down. Now what do you do? First you might do some googling and go down the rabbit hole on YouTube, but you quickly realise you have to take your car to a professional, a mechanic in this case. What if we told you that investing is the same way and that there is software that lets you see what experienced traders are doing, and then copy their Strategies? Copy trading is one of those things that seems too good to be true.

The world of crypto is vast and can be confusing, especially to newer users. Bitcoin or Ether are the default purchase and hold coins - to see where the market leads you. The journey might be bountiful, or it could lead to losses. The market is volatile, and single assets can drop in a heartbeat.

What are you paying and why A significant factor when considering which Crypto Strategy to choose is its fee distribution. There are two types of fees a Strategist can set, and the standard 0.5% exit cost. Copy fee - a tiny part every day A copier pays the copy fee over the course of a year.

The performance fee is an essential feature of the ICONOMI platform and its Crypto Strategies. It brings a much-needed balance to the relationship between the Strategist and their copiers, giving the Strategists an incentive to succeed. We implemented performance fees back in 2018.

Table of Contents Introduction When starting with a new thing, especially when it involves money, it is very important to do your research. Since we are meeting you here, we believe you need information about how to buy bitcoin, cryptocurrencies in general and online trading.

Let’s jump into the numbers and see how you can change your Crypto Strategy on the ICONOMI platform, and what happens in the background. Here is a simple example: let’s say we create a Crypto Strategy with 50% of BTC and 50% of ETH and invest 1,000 euros in it.

Whether you are thinking about investing in cryptocurrencies, stocks, bonds, or mutual funds, you will eventually need to make an important decision – “Do I invest my hard earned savings in a single Lump Sum or to use the Dollar Cost Averaging Strategy?” Daan works in a car repair shop in a suburb of Amsterdam, and has been actively saving for the past five months.